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Accounting / Finance
Accountant Statutory Accounting and Reporting Job At Pune Full Time
Snowflake started with a clear vision: develop a cloud data platform that is effective, affordable, and accessible to all data users. Snowflake developed an innovative new product with a built-for-the-cloud architecture that combines the power of data warehousing, the flexibility of big data platforms, and the elasticity of the cloud at a fraction of the cost of traditional solutions. We are now a global, world-class organization with offices in more than a dozen countries and serving many more.
Our teams breed ambition, challenge ordinary thinking, push the pace of innovation, in-service of the exploding demand for accessible data.
Snowflake is looking to hire a Statutory Accountant to be a part of its world class Accounting and Finance Organization. The position requires a well-rounded individual who has demonstrated the ability to deliver results in a high-growth, dynamic, and fast-paced environment. You are versatile, analytical, motivated, creative, intellectually curious, a strong communicator and collaborator. You are responsible for the end to end process of preparing the local GAAP financial statements for Snowflake entities (other than US) and getting them audited by external auditors. You should be up to date with the latest developments in accounting standards (primarily IFRS) and you should plan in advance for the possible impact of new / revision in the accounting standard on the Snowflake legal entities that you manage. You ensure that the US GAAP and local GAAP books are periodically reconciled and GAAP difference entries are recorded accurately and timely. You will provide recommendations to improve accounting processes and systems by the utilization of broad accounting and business knowledge to identify accounting issues and opportunities. You will collaborate closely with the corporate global accounting operations team on accounting matters. You will also participate in important projects which have an impact on the local GAAP accounting. You will also maintain effective internal controls and ensure accounting activities are GAAP compliant.
RESPONSIBILITIES:
- Ensure that entries in the local GAAP ERP are recorded in a timely and accurate manner
- Ensure that US GAAP and local GAAP account balances are periodically reconciled and GAAP differences are adequately explained
- Collect and validate data from financial systems and prepare local GAAP trial balances
- Conversion of US GAAP trial balances to local GAAP or IFRS trial balances
- Prepare and review statutory accounts
- Prepare statutory tax provision
- Prepare annual financial statements based-on-location specific mandates and disclosure requirements
- Prepare audit time table and agree with the external auditors
- Standardize and issue prepared by client (PBC) list
- Proactively communicate audit timelines to all the respective stakeholders, set expectation on timelines and monitor the progress of the audit
- Drive the statutory audit and Statutory filing process
- Prepare Director’s report and arrange for signature
- File of certified annual financial statements and all required documents with local statutory agencies
- Create process documentation namely Standard Operating Procedures (SOP) and update them at regular intervals in consultation with relevant stakeholders
- Engage and collaborate with global accounting operations teams and cross functional business partners such as Tax, HR, Legal, Compliance.
- Ensure the files / folders are saved at the right place for ease of retrieval. Ensure data is backed up
REQUIREMENTS:
- Chartered Accountant
- 2 – 4 years’ experience with a multinational company. Experience of working in an Information Technology Company will be desirable
- Well versed with the month end close process
- Strong knowledge of IFRS
- Required to work shifts to overlap with US time zones on critical days of month / quarter / year end close
- Hands on experience on Workday ERP is desirable
- Good command on English speaking and writing.
- Ability to build strong cross-functional relationships and work collaboratively
- Attention to detail, organized and thorough with the desire for continuous improvement
- Ability to work independently and a strong team player
- Ability to meet tight deadlines
- Proactive and problem solving attitude
- Adapts quickly to changes in a dynamic organizational structure and business processes
Snowflake is growing fast and we’re scaling our team to help enable and accelerate our growth. We’re passionate about our people, our customers, our values and our culture! We’re also looking for people with a growth mindset and the pragmatic insight to solve for today while building for the future. And as a Snowflake employee, you will be accountable for supporting and enabling diversity and belonging.
How do you want to make your impact?